WESCO Q1 results likely to fall short due to weather, says Stephens Stephens expects that WESCO's Q1 sales to come in at the low end or below guidance based on the harsh winter, but does not expect the company to adjust its 2014 guidance as much of the lost revenue should be made up during the rest of the year. Stephens reiterates its Overweight rating and $98 price target on WESCO.
WESCO sees FY16 EPS $3.75-$4.20, consensus $3.84 Sees FY16 sales flat to down 5%, consensus $7.31B. Sees FY16 operating margin 4.48%-5%. Sees FY16 free cash flow greater than 90% of net income. Guidance from earnings presentation slides.